Ora Developers

Everything You Need to Know About ORA Developments

The Egyptian real estate market has witnessed a massive qualitative leap in recent years, driven by the emergence of major investment entities that have redefined the concept of luxury housing and integrated community living. At the forefront of these entities stands ORA Developments, which has managed within a short period to transform into a milestone in the development of luxury residential and tourism projects. Many investors and clients search for information about ORA to discover the secret of its distinction, and what this unique company brings to the local and international real estate arena in terms of innovation and luxury.

The philosophical vision of Ora Egypt is based on a main slogan: "reimagining time." The company does not aim to merely build concrete walls; rather, it strives to deliver urban communities that predict a better future for coming generations.

Who is the Owner of ORA Developments?

When talking about any successful economic entity, the first question a smart investor asks is: Who is the owner of ORA? The answer to this question clearly explains the scale of the overwhelming success and the speed with which the company claimed its leading position.

The company was established in 2016 under the name "Gemini Developments," and its brand name was changed in 2018 to become "ORA Developments." The leader, founder, and Chairman of the Board of Directors of this real estate edifice is the Egyptian billionaire and businessman, Eng. Naguib Sawiris.

Advisor and Engineer Naguib Sawiris needs no introduction, as he is a prominent economic figure who has left clear imprints across multiple vital sectors:

• Telecommunications and Contracting Sector: He founded Orascom Telecom, which achieved widespread international success.

• Global Investments: He serves as Chairman of the Board and advisor to "La Mancha Holding," and is a board member of major mining companies such as Evolution Mining and Endeavour Mining.

• Media Sector: He serves as Chairman of the Board of Directors for the giant news network Euro News, which is considered one of the most important media outlets across the European continent.

The successes of ORA's owner have not been limited to the individual investment scope; he has also received numerous honorary degrees and prestigious civil decorations in appreciation of his contributions, including the French Legion of Honor, the Commander's Degree, the Grand Leader Award (Sitara-e-Intiaz) from the State of Pakistan, as well as the Italian Solidarity Decoration (Stella della Solidarietà Italiana). Engineer Naguib Sawiris carries a solid academic background, having obtained a Diploma in Mechanical Engineering with a Master’s degree in Technical Management from the Swiss Federal Institute of Technology in Zurich (ETH Zürich), after graduating from the prestigious Evangelical German School in Egypt.

Goals of ORA Developments

The company was keen to formulate a clear identity and competitive advantages that enabled it to excel and gain the trust of a massive segment of clients and investors. The goals and advantages of the company are summarized in the following points:

• International Standards: Delivering urban communities that comply with the highest global specifications and standards, in cooperation with top technical cadres and consultants in the architectural field, such as WATG and STH bureaus.

• Meticulous Market Study: Conducting detailed analyses of the real estate market before launching any project to ensure meeting real needs and providing services, public facilities, and diverse entertainment activities.

• Innovation and Sustainability: Continuously striving to introduce everything that is new and creative, while achieving the perfect balance between the environment and human needs through vast landscape spaces and integrated sensory experiences.

• Strategic Locations: Selecting the most premium geographical spots to establish projects close to direct, easily accessible main axes.

• Commitment and Quality: Delivering all units on their scheduled dates with the finest international "Super Lux" luxury finishes, which usually include air conditioners and kitchens of the highest levels of sophistication and smart systems.

ORA Projects in Egypt

The company possesses a massive strategic land bank distributed across the urban development areas with the highest demand in the Arab Republic of Egypt. Below we detail ORA's projects divided by geographical distribution:

1. West Cairo Projects (Sheikh Zayed and October)

ZED El Sheikh Zayed Towers

This project is considered the most prominent icon for the company in West Cairo. It is an integrated residential, commercial, and tourism mixed-use complex located in the heart of Sheikh Zayed City, surrounding the famous ZED Park (Zayed Central Park). The project offers a unique experience through high-rise residential towers reaching up to 20 floors with global finishes. It features the premium commercial and entertainment walkway (ZED Strip) and an integrated sports club.

Solana New Zayed Compound

A residential project dedicated exclusively to villas (standalone villas, twin houses, and townhouses) located in New Zayed City, close to the Cairo-Alexandria Desert Road. This compound stands out for its emphasis on extreme privacy and modern architectural designs with wide glass facades, while providing an integrated clubhouse and extended green spaces separating the units.

Pyramids Hills October Compound

Located at Kilometer 19 on the Cairo-Alexandria Desert Road in an exceptional strategic location. The project is a luxury residential complex featuring villas, townhouses, and low-rise residential apartments. This master plan is characterized by a charming and direct view of the Giza Pyramids. The company launched new, advanced phases featuring smart designs and vast landscape spaces after successfully delivering the first phases.

2. East Cairo Projects (New Cairo and Fifth Settlement)

This project extends over a massive area close to 400 acres at the end of South Teseen Street in the Fifth Settlement, right at the intersection point with the Middle Ring Road, linking New Cairo to the Administrative Capital. The complex includes luxury apartments, penthouses, and villas of various types. It features the ZED Sports Club, which is the largest in the region spanning an area of up to 50 acres, in addition to allocating more than 150 acres for open spaces and parks.

Solana East New Cairo Compound

This project came as an extension of the success of the luxury "Solana" brand in the west to meet the aspirations for low-density housing in East Cairo. It is located near the American University and main axes. It is a residential complex dedicated to luxury villas and townhouses that adopt the same advanced concepts of modern and boutique designs to ensure privacy and sustainable service integration.

3. North Coast Projects

Silver Sands North Coast Resort

The most prominent beach destination for Ora Egypt, located at Kilometer 243 on the Alexandria-Matrouh Road in one of the most beautiful spots of the Mediterranean Sea, between the Almaza Bay and Sidi Heneish areas. The resort extends over a sandy beach with a width exceeding one kilometer and includes first-row beachfront villas, twin houses, townhouses, luxury chalets, and hotel apartments. The project features a terraced design to ensure sea views and contains five-star international hotels, swimmable artificial lagoons, commercial and entertainment areas. The company regularly launches exclusive phases within it, such as The Pearl phase and Silvertown phase.

ORA's Track Record Outside Egypt

The investment power of the company is not reflected in the local market only, but is clearly manifested in its massive international project portfolio, most notably:

• Ayia Napa Marina (Cyprus): A luxury tourist marina offering an upscale beachfront lifestyle with international standards.

• Eighteen (Pakistan): An integrated residential and commercial complex in the capital, Islamabad, featuring golf courses and luxury units.

• Twenty Grosvenor Square (London): One of the finest ultra-luxury hotel and residential developments in the heart of the British capital.

• Silversands Resort (Grenada Island): An ultra-luxury tourism destination located in the Caribbean region.

• Ali Al-Wardi City (Iraq): The latest expansion of the company through a massive and extremely large residential project in Baghdad.

• Nile City Towers (Egypt): The famous administrative and commercial complex on the Nile Corniche in Cairo, standing as the strongest witness to the group's local successes.